127 Stoke Newington Church Street Stoke Newington London N16 0UH

127 Stoke Newington Church Street
Stoke Newington
London
N16 0UH

Freehold Retail and Residential Investment

Fashionable North-East London location
Shop let to tenant t/a Beauty Box until 1 July 2033 (no breaks)
Includes 2 bed maisonette to the first and second floors let on separate AST
Close to Stoke Newington Overground Station
Nearby occupiers include Nando's and a number of independent shops, cafe's and restaurants
VAT-free London Investment

Lot
22
Auction
5th May 2021
Rent
£47,200 per Annum Exclusive
Status
Sold
Price
£902,500
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Investment

Fashionable North-East London location
Shop let to tenant t/a Beauty Box until 1 July 2033 (no breaks)
Includes 2 bed maisonette to the first and second floors let on separate AST
Close to Stoke Newington Overground Station
Nearby occupiers include Nando's and a number of independent shops, cafe's and restaurants
VAT-free London Investment

Lot 22
Auction 5th May 2021
Rent £47,200 per Annum Exclusive
Status Sold
Price £902,500
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 0.8 miles south of Stamford Hill; 4 miles north of the City of London
Roads: A10
Rail: Stoke Newington (Overground),; Rectory Road (Overground)
Air: London Luton, London City

Situation

Stoke Newington is a popular suburb in North-East London, approximately 4 miles north of the City.
The property is located on the south side of Stoke Newington Church Street, in a prominent position directly opposite Lordship Road. The property benefits from being a short walk to Stoke Newington Overground Station, and nearby occupiers include Nando's and a number of independent shops, cafe's and restaurants.

Tenure

Freehold.

Location

Miles: 0.8 miles south of Stamford Hill; 4 miles north of the City of London
Roads: A10
Rail: Stoke Newington (Overground),; Rectory Road (Overground)
Air: London Luton, London City

Situation

Tenure

Freehold.

Description

The property comprises a three storey building, arranged as a ground floor shop, with basement ancillary accommodation and a self contained two bed maisonette to the first and second floors. The property also benefits from a rear garden.

VAT

VAT is not applicable to this lot.

EPC

Available from the legal pack at www.acuitus.co.uk.

Description

VAT

VAT is not applicable to this lot.

EPC

Available from the legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground Basement	Retail/Ancillary Ancillary	59.74 sq m -	(643 sq ft) (-)	INDIVIDUAL t/a Beauty Box	15 years from 06/07/2018 until 05/07/2033	£25,000	06/07/2023 and 06/07/2028
First/Second	Residential (2 bed maisonette)	93.65 sq m	(1,008 sq ft)	INDIVIDUAL	2 year AST from 08/04/2020	£22,200
Total		153.39 sq m	(1,651 sq ft)			£47,200

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.